Slovenia and Switzerland On 30 May 2023, Slovenia and Switzerland officially signed an amending protocol to update the Double Taxation Agreement (DTA) between the two nations. The primary objective of this protocol is to ensure that the DTA aligns with the minimum standards set forth by the Base Erosion and Profit Shifting (BEPS) initiative.
Albania and Slovak Republic On 30 May 2023, the Govt. officials from Albania and the Slovak Republic signed a Double Taxation Agreement (DTA) between them for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Qatar and Ukraine On 26 May 2023, Mr. Volodymyr Zelenskyy, the President of Ukraine, signed Law No. 3030-IX ratifying the amending protocol to the Double Taxation Agreement (DTA) with Qatar.
Malaysia and Maldives On 24 May 2023, the Govt. officials from Malaysia and Maldives signed a Double Taxation Agreement (DTA) between them for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Algeria, Azerbaijan, and Japan On 24 May 2023, the Japanese upper house of parliament approved the Double Taxation Agreements (DTAs) with Algeria and Azerbaijan.
Ivory Coast and United Arab Emirates On 24 May 2023, the Ivory Coast’s Council of Ministers officially passed a decree ratifying the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE).
Czech Republic and United Arab Emirates On 24 May 2023, the Govt. officials from the Czech Republic and the United Arab Emirates (UAE) signed a Double Taxation Agreement (DTA) between the two nations. Once in force and effective, the new DTA will replace the former DTA of 1996.
Germany and Lithuania On 23 May 2023, Lithuania officially published Law No. XIV-1946 in Official Gazette No.9687, that ratifies the amending protocol to the Double Taxation Agreement (DTA) with Germany.
France and Sweden On 22 May 2023, France and Sweden signed an amending protocol to update the Double Taxation Agreement (DTA) between them according to the latest OECD standards.
Egypt and Oman On 22 May 2023, the Govt. officials from Egypt and Oman signed a Double Taxation Agreement (DTA) between the two nations for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
San Marino and United Kingdom On 17 May 2023, the Double Taxation Agreement (DTA) between San Marino and the United Kingdom (UK) was signed, in London. The DTA contains withholding tax rates for Dividends 0%, Interest 0%, and Royalties 0%.
Burundi and Turkey On 17 May 2023, Burundi’s upper house of parliament approved the Double Taxation Agreement (DTA) with Turkey for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Austria and Germany On 17 May 2023, the Council of Ministers of Austria authorized to sign of an amending protocol to the Double Taxation Agreement (DTA) with Germany.
Switzerland and United Arab Emirates On 17 May 2023, the Federal Swiss Council adopted the dispatch on the protocol of amendment to the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE). The protocol implements the BEPS minimum standards for double taxation agreements.
China and Norway On 12 May 2023, the Govt. officials from China and Norway signed a Double Taxation Agreement (DTA) between the two nations. Once in force and effective, the new DTA will replace the former DTA of 1986.
Germany and Lithuania On 11 May 2023, the Lithuanian Parliament has granted approval for the ratification of the amending protocol that aims to update the Double Taxation Agreement (DTA) with Germany.
Luxembourg and Romania On 10 May 2023, the Romanian Government approved the amending protocol to the Double Taxation Agreement (DTA) with Luxembourg.
Egypt and Qatar On 10 May 2023, the Egyptian Cabinet approved the Double Taxation Agreement (DTA) with Qatar. The DTA was signed on 27 February 2023.
Cabo Verde and Morocco On 9 May 2023, the Double Taxation Agreement (DTA) between Cabo Verde and Morocco was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Benin and Rwanda On 8 May 2023, the Rwandan Cabinet gave its approval to the draft law concerning the ratification of the Double Taxation Agreement (DTA) with Benin. The DTA was signed on 15 April 2023.
Czech Republic and Rwanda On 8 May 2023, the Rwandan Cabinet gave its approval to the draft law concerning the ratification of the Double Taxation Agreement (DTA) with the Czech Republic. This DTA was signed on 2 May 2023, that contains withholding tax rates for Dividends 10%, Interest 10%, Royalties 10%, and Fees for Technical Services 10%.
Albania and Finland On 5 May 2023, the Double Taxation Agreement (DTA) between Albania and Finland entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 25% capital holding; otherwise, 15%, Interest 5%, and Royalties 5%. The DTA generally applies from 1 January 2024, although Article 24 related to Exchange of information applies from 5 May 2023.
Italy and Switzerland On 4 May 2023, the Chamber of Deputies in Italy officially passed the legislation ratifying the new Double Taxation Agreement (DTA) with Switzerland regarding the taxation of frontier workers. The new DTA will replace the existing DTA of 1974.
Luxembourg and Vietnam On 4 May 2023, Vietnam and Luxembourg signed an amending protocol to the Double Taxation Agreement (DTA) between them to update the DTA according to the latest OECD standards.
France and Luxembourg On 3 May 2023, the Chamber of Deputies of Luxembourg approved the amending protocol to the Double Taxation Agreement (DTA) with France.
Algeria and Denmark On 3 May 2023, the ratification decree for the pending Double Taxation Agreement (DTA) between Algeria and Denmark has been officially published in the Algerian Official Gazette. The DTA contains withholding tax rates for Dividends 5% for at least 15% capital holding; otherwise, 15%, Interest 8%, and Royalties 10%.
Algeria, Azerbaijan, and Japan On 27 April 2023, the Japanese lower house of parliament approved the Double Taxation Agreements (DTAs) with Azerbaijan and Algeria.
Denmark, France, and Greece On 26 April 2023, the French Council of Ministers approved the Double Taxation Agreements (DTAs) with Denmark and Greece.
Algeria and Denmark On 24 April 2023, Algeria ratified the Double Taxation Agreement (DTA) with Denmark for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Cyprus and Netherlands On 19 April 2023, the Netherlands ratified the Double Taxation Agreement (DTA) with Cyprus, that was published in Official Gazette No. 150 of 4 May 2023.
Guernsey and Qatar On 8 March 2023, the amending protocol to the Double Taxation Agreement (DTA) between Guernsey and Qatar was entered into force.